Proposed pension ten years ago

Original link: https://mercurychong.blogspot.com/2023/04/blog-post_16.html

When I was packing my luggage, I saw a collection of newspaper clippings from about ten years ago, and compared it with the fact that people are eager to withdraw their provident funds early. It is worth thinking about, so I also share and collect them here.

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As mentioned in the article, the calculation of the daily cost of RM27 comes from two premises: assuming that there is a pension of about 200,000 yuan after retirement, and the calculation of living another 20 years.

But in fact, you don’t have to live on your laurels. If you put 200,000 into 6% dividend stocks, you can get a dividend of RM12,000 a year, and you can actually spend RM33 a day, which is a little better ? It is important that the principal is not eroded.

But is a passive income of RM1000 per month really enough for retirement in modern times? The answer is obvious, so just look at the figures suggested by the government. It is more reliable to rely on your own planning than relying on others.

Book online shopping link (Malaysia): “Dividend Road for Migrant Workers”

Book online shopping link (Singapore): “Dividend Road for Migrant Workers” SG

Public Bookstore online shopping link: Public Bookstore online shopping link

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